Optimal production cycle time for inventory model with linear time dependent exponential distributed deterioration

被引:6
|
作者
Baten, Md. Azizul [1 ]
Khalid, Ruzelan [1 ]
机构
[1] Univ Utara Malaysia, UUM CAS, Sch Quantitat Sci, Sintok 01610, Kedah, Malaysia
关键词
Inventory-production model; exponential distribution; linear time dependent deterioration; constant demand; performance measure;
D O I
10.3233/IFS-151850
中图分类号
TP18 [人工智能理论];
学科分类号
081104 ; 0812 ; 0835 ; 1405 ;
摘要
We study an inventory system with linear time varying exponential distributed deterioration in which production and demand rates are constant. The mathematical model is developed to obtain the total cost per unit time of an inventory system. The inventory controlling systems in terms of first order differential equations are solved numerically. The optimal cycle time is derived and the results are applied to numerical problems. The effect of changes in the model parameters on decision variables and the average total cost of an inventory system are studied through numerical examples.
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页码:1243 / 1248
页数:6
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